THE GAZETTE OF INDIA : EXTRAORDINARY

[PART IH—SEC. 1]

OFFICE OF THE J.A.C ACQUISITION RANGE,

NOTICES UNDER SECTION 269D (1) OF THE

INCOME TAX ACT, 1961 (43 OF 1961)

Jaipur, the 18th June, 1984

Ref. No, Raj|lAC (Acq.) (2431-—Whereas

I, M.

M. Shukla being the competent authority under

Section 269B of the Income-tax Act, 1961

(43 of

1961) (hereinafter referred to as the said Act), have

reason to believe that the immovable property, having

a fair market value exceeding Rs. 1,00,000 and bear-

ing Shop No. 80 situated at Hanumangaxh (and

more fufly described in the schedule annexed hereto),

has been transferred und^r the Registration Act, 1908

<J6 of 1908) in the office of the Registering Officer

M Hanumangarh on 13-10-83 for an apparent con-

sideration which is less than the fair market value of

the aforesaid property and I have reason to believe

that the fair murkct value of the property as afore-

said exceeds the apparent consideration thereof

more than fifteen per cent of such apparent considera-

tion and that the consideration for such transfer as

agreed to between the parties has not been truly

stated in the said instrument of transfer with the

objec* of :^:—

(a) facilitating the reduction or evasion of the

liability of the transferor to pay tax under

the said Act in respect of any income aris-

ing from the transfer; and|or

(b) facilitating the concealment of any income or

any moneys or other assets winch have not

been or which ought to be disclosed by the

transferee for the nurpose of the Irdiam

Income-lax Act, 1922 (11 of 1922) or the

said Act or the wealth-tax, 1957

(27 of

1957);

Now, therefor, in pursuance of section 269C of

the said Act, I hereby initiate proceedings for

the

acquisition of the aforesaid property by the issue of

this notice hereby under sub-section (1) of section

269D of the said Act to the

following persons,

namely •:•—

(1) Shri Dharam Chand, S|o Shri Bal Mukand

R|o Raisinghnagar,

Present

resident

Bombay.

(Transferor)

(2) Shri Mangiram, Shri Gurdev Chand

S|o

Shri Kundanlal Agarwal R|c

Ramamandi

Panjab.

(Transferee)

objections if any, to the acquisition of the said pro-

perty may be made in writing to the undersigned.- -

(a) by any of the aforesaid person within

period of 45 days from the date of publi-

cation of this notice in the Official Gazette

or a period of 30 days from the service

of notice on the respective persons, which-

ever period expires later;

(b) by any other persons, interested in the said

immovable property, within 45 days from

the date of the publication of this notice

in the official Gazette.

Explanation :—The tenns and expressions used

herein as are denned in chapter XXA

of fhe said Act, shall have the same

meaning as given in that Chapter.

SCHEDULE

Half portion of shop No. 80, situated at, Hanu-

mangarh,

and

fully described in

the

sale deed registered by the S. R. Hanumangarh vide

registration No. 19^9 dated 13-10-1983.

Date : 18-6-84.

Seal :

Ref.

No. Raj.|AIC

(Acq.)| 43 2.—Whereas, T,

M. M. Shulda being the competent authority under

Section 269B of the Income-tax Act, 1961

(43 of

1961) (hereinafter referred to as the said Act), have

reason to believe that the immovable property, hav-

ing a fair market value exceeding Rs. 1,00,000 and

bearing Shop No. 80 situated at Hanumangath (and

moie fully described in the schedule annexed hereto),

has been transferred under the Registration Act, 1908

(16 of 1908) in the office of the Registering Officer

at Hanumangarh on 13-10-1983 for an apparent con-

sideration which is kss than the fair market value of

the aforesaid property and I have reason to believe

that the fair market value of the property as aforesaid

exceeds the apparent consideration thereof by more

than fifteenper cent of such apparent consideration

and the consideration for such transfer as agreed to

between the parties has not been truly stated in tho

said instrument of transfer with the object of :—

(a) facilitating the reduction or evasion of the

liability of the transferor to nay tax under

the said Act in

respect of any income

arising from the transfer, and|or

(b) facilitating the concealment of any income

or any moneys or other assets which have

not been or which ought to be disclosed by

the transferee for the purpose of

Indian

Income-tax Aci, 1922 (11 of 1922) or the

said Act or the wealth-tax, 1957 (27 of

1957).

Now, therefore, in pursuance oE section 269C of

;he said Act, 1 hereby indicate proceedings for -the

acquisition of the aforesaid property by the issue of

this notice herebv under sub-secuoii (1) of section

269D of said Act to the following pe.sons, namely :

(1) Smt. Shukla Kumari Wjo. Dhartn Chand

Arora r|o. Raisinghnagar at present Bom-

bay through P.A.H. Shri Tirhdass,

(Transferor)

(2) Shri Theliram, Harbanslyl s|o KurHntlal

Aggarwal r|o Burkina Tc!i. Ma:, v MMC.

Bhatinda Panjab

(Transferee;

objections, if any, to the acquisition of the

said

property may be made in writing to the undersign-

ed :—

(a) by any of the aforesaid person

within

period of 45 days from the date of publi-

cation of this notice in the Official Gazette

of a period of 30 days from the service of

notice on the respective persons, which-

ever period expires later,

THE GAZETTE OF INDIA : EXTRAORDINARY

[PART HI—SEC. lj

(b) by any other persons, interested in the seid

immovable property, within 45 days from

the date of the publication of this notice

in the ocialffi Gazette.

Explanation :—The 'terms and expressions used here-

in as are defined in chapter XXA of the said Act,

shall have the same meaning as given in th« Chapter.

SCHEDULE

Shop No. 80 situated at Dhanmandi, Hanuman-

garh more fully described in sale-deed registered by

Sub-Registrar, Hanumangarh at S. No. 1970 dated

13-10-83

M. M. SHUKLA, Competent Authority,

Inspecting Assistant Commissioner of Income

Tax

Acquisition Range, Jaipur

Date : 18-6-84.

Seal ;

rRtNTED BY THE MANAGM, OOVT. OF INNA PRESS, RING ROAR, NBW D1LHI-110064

AND PUBLISHED BY THE CONTROLLER OF PUBLICATION*, MLlti-110054,

1914